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"Globalisation is the… (Class 10 Social Science 2024, Q33A)

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Social ScienceCBSE Class 10 · Board exam 2024, set 32/1/1 · 5 marks · Long answer

CBSE Class 10 Social Science 2024: question 33(A)

Set in the CBSE Class 10 board exam of 2024, paper 32/1/1, section D, question 33(A), for 5 marks. Try it first; the hints and our step-by-step solution are below.

Q33(A) · 5 marks · Long answerGlobalisation and the Indian Economy

"Globalisation is the process of rapid integration or interconnection between countries." Explain the statement with examples.

Source: official question paper from cbse.gov.in (PDF). See it in the full 2024 board paper, set 32/1/1.

Hints

Open one hint at a time and try again before the next.

Hint 1

Start by defining globalisation in your own words.

Hint 2

Think about what MNCs do when they enter a country.

Hint 3

Add examples such as Cargill Foods or Ford Motors.

Step-by-step solution

Each step shows the marks it earns, as an examiner would award them. Checked by an independent re-solve from the question paper.

  1. Globalisation means rapid integration and interconnection of countries through the movement of goods, services, investment and technology. Countries are increasingly linked and dependent on one another.

    1 mark

  2. Foreign investment: globalisation has encouraged MNCs to invest abroad, for example in India, where they set up factories and offices.

    1 mark

  3. MNCs set up production where markets are close and skilled and unskilled labour is available at low cost. They choose countries whose policies allow easy operation, so production in different countries gets linked.

    1 mark

  4. MNCs also set up production jointly with local companies, for example Cargill Foods buying Parakh Foods, or Ford Motors partnering Indian firms. This ties local and foreign producers together.

    1 mark

  5. Interdependence and exchange: countries exchange technology, and consumers get wider access to global products. Markets of different countries become integrated and cultures enrich one another.

    1 mark

Answer: Globalisation integrates countries through foreign investment, MNC production networks, joint ventures, technology exchange and greater market access.

Where the marks are

  • Meaning of globalisation as integration (1 mark)
  • Foreign investment by MNCs (1 mark)
  • MNCs choose cheap labour and favourable policy locations (1 mark)
  • Joint ventures with local companies, with an example (1 mark)
  • Interdependence, technology exchange and market integration (1 mark)

Revise the chapter

Practise this chapterBoard-style questions from Globalisation and the Indian Economy, one at a time, marked against the answer key and marking points.Back to the full paper2024 board paper, set 32/1/1: every question, by section.

The question is transcribed from the official paper; figures are described in words. The solution, hints and chapter tag are ours. Spotted an error? Write tosupport@questionbuddy.in.